Which of the following is NOT a factor that affects the wage-level decision?
A) Industry averages
B) Law of supply and demand
C) What other employers in the area are paying
D) Job evaluation
E) Ability to pay

Question

Quizplus · Accepted Answer

Job evaluation is a method used to determine the relative value of jobs within an organization to establish fair pay rates. It does not directly affect the wage-level decision on a broader scale but rather helps in structuring internal pay equity. Factors like industry averages, supply and demand, what other employers are paying, and the ability to pay are external or organizational factors that influence the overall wage-level decision.

Which of the Following Is NOT a Factor That Affects